REGISTERED NUMBER: 08265292 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2025

FOR

KICK TECHNOLOGY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Heath

R Watney

REGISTERED OFFICE:

15 West Street

Brighton

East Sussex

BN1 2RL

REGISTERED NUMBER:

08265292 (England and Wales)

ACCOUNTANTS:

Galloways Accounting (Hove) Limited

15 West Street

Brighton

East Sussex

BN1 2RL

FIXED ASSETS

Tangible assets

4

7,058

454

CURRENT ASSETS

Debtors

5

118,346

128,206

Cash at bank and in hand

13,529

5,645

131,875

133,851

CREDITORS

Amounts falling due within one year

6

(482,795

)

(510,025

)

NET CURRENT LIABILITIES

(350,920

)

(376,174

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(343,862

)

(375,720

)

CREDITORS

Amounts falling due after more than one year

7

(218,201

)

(248,201

)

NET LIABILITIES

(562,063

)

(623,921

)

CAPITAL AND RESERVES

Called up share capital

9

1,623

1,623

Share premium

10

401,577

401,577

Retained earnings

10

(965,263

)

(1,027,121

)

SHAREHOLDERS' FUNDS

(562,063

)

(623,921

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2026 and were signed on its behalf by:

A Heath - Director

1.	STATUTORY INFORMATION

Kick Technology Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/ value added tax, returns, rebates and discounts.

The company recognises revenue when it can be reliably measured and it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

50% on cost

Computer equipment

-

50% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

The financial statement have been prepared on the going concern basis as the company has received confirmation from the directors of their intention to continue to provide financial and other support to the extent necessary to enable the company to continue to pay its liabilities as and when they become due for a period not less than one year from the date of approval of these financial statements. Therefore, the directors believe it is appropriate to prepare these financial statements on the going concern basis, notwithstanding the net liabilities as of 31st October 2024.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 November 2024

35,707

1,611

-

12,183

49,501

Additions

-

-

5,358

2,281

7,639

At 31 October 2025

35,707

1,611

5,358

14,464

57,140

DEPRECIATION

At 1 November 2024

35,707

1,286

-

12,054

49,047

Charge for year

-

109

884

42

1,035

At 31 October 2025

35,707

1,395

884

12,096

50,082

NET BOOK VALUE

At 31 October 2025

-

216

4,474

2,368

7,058

At 31 October 2024

-

325

-

129

454

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

29,155

105,025

Directors' current accounts

1,618

-

Prepayments

87,573

23,181

118,346

128,206

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

73,494

90,312

Trade creditors

37,039

9,492

Social security and other taxes

7,682

774

VAT

12,342

22,549

Other creditors

552

-

Directors' current accounts

2,737

19,732

Deferred income

337,958

362,818

Accrued expenses

10,991

4,348

482,795

510,025

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

12,500

30,000

Bank loans - 2-5 years

-

12,500

Other loans more 5yrs non-inst

205,701

205,701

218,201

248,201

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Other loans more 5yrs non-inst

205,701

205,701

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

43,494

60,312

Bank loans

42,500

72,500

85,994

132,812

The bank overdraft is secured by a debenture over the company's assets. Mr Heath and Mr Bishop have also provided a £50,000 personal guarantee.

Mr Eckert, one of the shareholders, has also provided a £250,000 personal guarantee to secure the overdraft with Metro Bank.

The loan is guaranteed by the UK Government under Coronavirus Business Interruption Loan Scheme.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

162,308

Ordinary

£0.01

1,623

1,623

10.

RESERVES

Retained

Share

earnings

premium

Totals

£

£

£

At 1 November 2024

(1,027,121

)

401,577

(625,544

)

Profit for the year

61,858

61,858

At 31 October 2025

(965,263

)

401,577

(563,686

)

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025

2024

£

£

A Heath

Balance outstanding at start of year

(11,995

)

(63,860

)

Amounts advanced

13,613

51,865

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,618

(11,995

)

This balance represented the maximum amount outstanding during the year, is interest free and repayable on demand.

During the year, R Watney decreased his loan to the company. As at 31 October 2025 the company owed him £2,737 (2024: £7,737). This balance represented the maximum amount outstanding during the year, is interest free and repayable on demand.

12.	ULTIMATE CONTROLLING PARTY

The controlling party is A Heath.